7, MERGANSER CRESCENT, BARLEY MEADOWS, CRAMLINGTON, NE23 6FF - £420,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 MERGANSER CRESCENT is a very large detached house of 157m², which could now be worth an estimated £475,678. It was last sold for £420,000 in July 2022, which was around 32% above the average July 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

7 MERGANSER CRESCENT Sold Prices

Land registry data shows two sales for 7 MERGANSER CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 7 MERGANSER CRESCENT sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 14 JUL	£420,000	£317,676	32% above HPI
2018 25 MAY	£319,950	£266,594	20% above HPI

7 MERGANSER CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 7 MERGANSER CRESCENT sales from May 2018 and July 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2018 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2022 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 7 MERGANSER CRESCENT be worth now?

7 MERGANSER CRESCENT might now be worth an estimated £475,678.

This is based on house price inflation of 13.3%, between July 2022 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for 7 MERGANSER CRESCENT of £420,000 on 14th July 2022. For the value to have increased from £420,000 to £475,678 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 7 MERGANSER CRESCENT has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2022 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MERGANSER CRESCENT has not materially changed since July 2022.

How Large is 7 MERGANSER CRESCENT?

7 MERGANSER CRESCENT is 157m² according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cramlington, and where 7 MERGANSER CRESCENT lies on this distribution: 91% of detached houses houses are smaller than 7 MERGANSER CRESCENT, and 9% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

7 MERGANSER CRESCENT: Plot and Title Map

7 MERGANSER CRESCENT sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 7 MERGANSER CRESCENT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 MERGANSER CRESCENT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 MERGANSER CRESCENT?

7 MERGANSER CRESCENT is located in BARLEY MEADOWS, in the NE23 postcode district. The below map shows the position of No. 7 on MERGANSER CRESCENT.